Kojamo plc: Kojamo plc completes the purchase of 981 rental apartments

Kojamo plc: Kojamo plc completes the purchase of 981 rental apartments

Kojamo plc, Stock exchange release, 5 March 2018 at 11:00 a.m. EET

Kojamo Group has today, 5 March 2018, completed a deal to purchase a total of 981 rental apartments from funds belonging to OP Financial Group. The apartments are in 22 different locations in Helsinki, Vantaa, Turku, Jyväskylä, Kuopio, Hämeenlinna, Lahti, Oulu and Naantali.

"The purchased apartments are located in growing urban regions and perfectly fit our strategy by complementing our rental apartment portfolio in these municipalities. We are continually looking for targets that match our strategy as we grow our apartment portfolio," states Investment Director Mikko Suominen.

Kojamo plc reported the contract in an earlier stock exchange release on 7 February 2018. The parties have agreed that the transaction price will not be disclosed.

Kojamo plc

Jani Nieminen
CEO

Further information:
Jani Nieminen, CEO, tel. +358 20 508 3201
Mikko Suominen, Investment Director, tel. +358 20 508 3240

Distribution:
Nasdaq Helsinki
Major media
www.kojamo.fi

  
Kojamo is the frontrunner in rental housing and real estate investments. It has undergone major renewals in recent years. The renewed Kojamo is able to provide better urban housing in a rapidly changing world. Kojamo is transforming Finnish society together with its customers, other companies and operators, and cities.